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20121205
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English 178
Search Results 0 to 49 of about 178 (some duplicates have been removed)
CNBC
Dec 5, 2012 3:00pm EST
for these massive spending cuts that would come at the end of the year if we go over the fiscal cliff. the white house saying they don't expect we will. they still hope it can be prevented, but they have to start planning. also, speaker of the house john boehner meeting with small business leaders on capitol hill where he reiterated some of his key points. again, just within the past hour. take a listen. >> business owners with us today are here to highlight president obama's demand to raise tax rates instead of cutting spending. his plan will hurt nearly 1 million small businesses around our country. that will affect hundreds of thousands of jobs. >> reporter: and guys, there are republicans here on capitol hill who are urging the speaker to cut a deal with the president. i talked to one of the earliest republicans to say, you know what, let's take a the president up on his offer to extend the bush tax cuts for everybody under $250,000 and at least take that uncertainty off the table and then continue to negotiate the rest to have later. some of the republicans are now coalessing around that vi
CNN
Dec 11, 2012 8:00am PST
? >> well, ashleigh, you described the problem, really, it's not just the immediate fiscal cliff, it's this big thing in my book, savage truth on money. i've had that book about how we really are coming to an impasse. and the only way out is economic growth. that's only way the individual family -- you know, if you have a budget problem, if you could only get a better-paying job. if someone else in your family could work, you'd solve your problems right away. the same thing for the united states economy. we need to grow. we won't grow until we have confidence. confidence for business to expand, for banks to lend, for consumers to go out and buy that new house, and we won't have that until we get congress to act. that's the critical nature of this. sure, there's a debt ceili coming up and sure there are tax increases and spending cut ifs we go over the cliff. but the bigger issue is, we're stopping ourselves from finding the solution, which is growing the economy. >> right, well, if the deficits continue to become a problem and slowing the deficits is a great solution. it's the speed
FOX Business
Dec 11, 2012 3:00pm EST
're looking toward the fiscal cliff, possibly ben bernanke comes out and says more. it seems everyday we don't have a fiscal cliff deal we actually go higher in the stock market. i think we would go lower heading toward the deadline. the market looks strong, apple looks strong. $50 billion in revenue possible. we do look strong. coleman offers 1700 level. lot of activity in december. and they're expecting a huge move in the next week and a half. liz: no real fear in the market, so pretty significant blows around 15. bond yields are not doing anything exciting. do you look at that and say i am in? or do you say the fear trade is over? >> always at the volatility index and that is one of the gauges a look at it daily basis. basically levels of the s&p 500 futures the highest since obama was elected presidency. we sold awfully hard, we got back and possibly took some stocks off. we're reversing a little bit from the upside, selling off a little bit. the fiscal cliff are the two words that will be mentioned the most. we have costco earnings tomorrow, we'll keep an eye on that one. liz: is anybod
CNBC
Dec 6, 2012 3:00pm EST
. the fiscal cliff is actually constructive from the standpoint it causes people to come together and compromise because going over the cliff while we may do it for a short time period is not beneficial to anybody. it hurts everybody. >> so risk assets being, what, technology? what does that mean, technology? >> not necessarily. we would stay with dividend payers. we would also dip our toe into europe into some very high-quality, multicountry stocks there. mostly on consumer discretionary stocks as well. >> george, we haven't forgotten you yet. scott, i have a question for you. just noticed today france and germany's stock markets hit 52-week highs. we're still wringing our hands over the debt crisis, and the equity markets are hitting new highs for the year. is it too late to get into those markets? >> i don't think so, bill, at all. all the european markets are up for the year except portugal, which is up slightly. even greece is up year to date. i don't think you're too late on that trade at all. in fact, i think, quite frankly, the structural changes that are happening in euro
CNBC
Dec 6, 2012 6:00am EST
.6% contraction in the economy because of manufacturers concerns about the fiscal cliff that's coming up. and the report also showed that if we go over the cliff, meaning if we just go over it in the first few days of next year, that we could have a 13% cumulative contraction in the gdp between now and 2015. and 6 million jobs lost. now, a lot of those will come from small and medium sized manufacturers who just aren't willing to take the risk, but i think you're talking to doug in a little bit and larger companies like caterpillar and doug is the incoming chair of the national association of manufacturers, companies like caterpillar rely on those supply chains. so they want to make sure that the small and medium sized manufacturers are just as healthy as the larger. >> jay, thank you. we appreciate your time this morning. >>> coming up, police arresting john mcafee. the details next. ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee
CSPAN
Dec 7, 2012 5:00pm EST
to work. >> , come thank you. [applause] >> more about the impact of the fiscal cliff coming about as the joint chief of staff >> i think the writers institute is very important that in the culture. we are a culture of words, of the voices. the words are key to our imagination and a capacity to envision things. we ourselves are tied to print on the page. but i think there is no other art form so readily accessible that is something in literature and the just captures the human spirit. .. former chairman of the joint chiefs of staff admiral michael mueller joined former senators in the house armed services committee chairman this week to urge congress to avoid sequestration. also speaking over the next 50 minutes, arms services committee chairman sam nunn, ike skelton and the national security hosted this event in washington, d.c.. >> good afternoon. thank you for coming. my name is pete peterson. i would have given you a review of the foundation and why we are supporting the project you are here about today. starting about 30 years ago, after studying the profound demographic trend
FOX Business
Dec 7, 2012 3:00pm EST
a tremendous amount of supply. we do not have much cold weather coming up near term. once the fiscal cliff starts getting resolved, you will see some buying going on. cheryl: bobby, i want to go back to you about europe. we have not had a lot of problees. seems like the greeks are kind to getting things. >> the last few days, europe markets have been pretty strong. as you said, a sleeping giant. cheryl: i do not want to see anything change. it has been nice. gentlemen, thank you. i appreciate it. great floor show today. uncertainty seems to be the norm in washington these days. last year you have the debt ceiling convey. congress had trouble putting together a deal. now the u.s. may be heading for the fiscal cliff. what does that mean for you and your investments? we have the jobs report today for a brief moment. we weren't worried about the fiscal cliff. now, we are back. what do you make of it? >> the jobs report was okay. there are some signs of very modest improvement in jobs. the good news is we have not really lost momentum and i will put that in the victory column. from a very short
CNN
Dec 11, 2012 9:00am PST
to hold on to funding. but there is this. if no deal is struck and the fiscal cliff comes, then $600 billion in automatic tax increases and spending cuts will kick in. that could affect a lot of programs in the room and that will absolutely leave an awful lot of voters, democratic and republican, unhappy. >> i want to take a closer look at what each side wants in the fiscal cliff and dpoeshiations, where they stand on taxes and savings. gloria borger joining us live. that was pretty cool what tom did. >> love that virtual studio. >> unbelievable. >> great. >> tell us a little bit about the sticking point here. it's about the taxes on the wealthiest 2% of americans and the president sticking to that. republicans, it looks like some of them at least willing to move or budge on that. where do we stand? >> a little bit. we're kind of in the part of this where each side's waiting for the other side to go first, suzanne. and of course, the big sticking point, as you point out, is revenues. they have to figure out what to do about revenues before they figure out what to do about anything el
CNN
Dec 9, 2012 7:00am PST
with our debt bomb. giev tot face the fiscal cliff that's coming in a couple of weeks. >> so you know what both sides are saying. the president is saying there's no way to make the math work without raising the rates for the top income earners and that the republicans should give in on this. >> yeah, yeah. >> do you think he's right? >> well, i understand that position. that was the position he took during the campaign. but what has to happen in my view, you've got to have everything on the table. yo view to have revenue increases. now, how you get those revenue increases was an item of discussion during the campaign. it are be an item of discussion during the negotiation. i for one think you could get there in way that would promote economic growth by eliminating -- by bronding the tax base, by eliminating loopholes and deductions. the truth of the matter, fareed, is we're not undertaxed as americans. we overspend. i think everybody would agree we overspend. that's why we have this debt to gdp over 100%. fars as the eye can see, absence poultcy changes. whatever you do, you first have to
CNN
Dec 9, 2012 10:00am PST
, we have got to face the fiscal cliff that's coming in a couple of weeks. >> so you know what both sides are saying? the president is saying there's no way to make the math work. without raising the rates for the top income earners and that the republicans should give on this. >> yeah. >> do you think he's right? >> well, i understand that position, that was the position he took during the campaign. but what has to happen in my view, you've got to have everything on the table, you have to have revenue increases. now how you get those to revenue increases was an item of discussion during the campaign, and it's an item more negotiation, i for one think you can get there by eliminating and broadeninging the tax base which eliminating loopholes and deductions. the truth of the matter is that we're not undertaxed as americans, we overspend. i think everything would agree that we overspend that's why we have this debt to gdp of 100% as far as the eye can see absent policy changes, so whatever you do, you first have to agree what the level of debt to gdp ought to be. and there will be a d
FOX News
Dec 8, 2012 3:00am PST
in sight for the fiscal cliff hanger. >> when it comes to the fiscal cliff threatening our economy and jobs the white house has wasted another wee>> why speaker says the president's my way or the highway approach is getting us nowhere. >> the feds are borrowing nearly a billion dollars a day. so why is the white house saying reducing our debt not really the goal? >> thank you, eric, it's the most watched video on the internet of all time. he is set to perform for the president. gangnam style said about our soldiers a few years ago. that controversy kicking up this morning. "fox & friends" hour one begins right now. >> get out the coffee. wake up, everyone, thank you so much for waking up with tus, it is "fox & friends" on this saturday morning. dave bowling in for dave briggs. >> come in and do the show with us today. more filling in today than the regulars. we are glad to be on with you clayton. >> you are on an interesting morning because congress now just 23 days left, 23 days until we head off that flif. fiscal cliff. if you listened to speaker boehner yesterday he is reading reports th
CNBC
Dec 5, 2012 9:00am EST
supplies. send it back to you. >> thank you so much. when we come back, deal making in a post-fiscal cliff world. faber has an exclusive interview with the ceo of investment bank moelis and company. more in just a moment. >> announcer: the holiday season is here and that means lots and lots of photos with a certain someone. now you can display it in style with a picture frame signed by the entire "squawk on the street" gang. if you can guess friday's nonfarm jobs number it's all yours. tweet your guess and don't forget hash tag nail the number. you have to be at least 18 years of age to enter. sorry, kid. for all of the official rules and details, go to cnbc.com. you have until 8:29 a.m. eastern this friday morning. good luck and say cheese. melons!!! oh yeah!! well that was uncalled for. folks who save hundreds of dollars switching to geico sure are happy. how happy, ronny? happier than gallagher at a farmers' market. get happy. get geico. chances are, you're not made of money, so don't overpay for motorcycle insurance. geico, see how much you could save. ♪ you can stay in and like som
FOX Business
Dec 10, 2012 1:00pm EST
that goes. you don't get it. all right, stocks closely watching the fiscal cliff talks. coming up, chief investment officer will tell us what will happen if there is a deal where if there is no deal. ashley: michael bloomberg crack a joke the only people buying egos. he could soon become one of those. as it everyday at this time, take a look at how oil is trading moving slightly lower even though the suggestion demand from china is off, oil down slightly by $0.10, 85.83 per barrel. tracy: it is time to make some money with charles payne. this hour he is looking at online networking site linked in. getting a little bounce, but has been on a tear. charles: this is a incredible stock. you put six flights out of business. i'm telling you right now. today part of the reason it is up, kind of odd, some sort of stock speculation mayor bloomberg may be interested in doing something, taking it over. even without that, this is a stock i like a lot. at least the third time this year my subscribers are in a stock. the latter earning report my two cents coby district by 100%, the stock finally looked
KRON
Dec 10, 2012 6:00am PST
with a woman bound and gagged and sampras's coach street. >> talks continue as a lemon fiscal cliff approaches. we'll have details on the president's private meeting with house speaker john bay near coming up. >> clear conditions as you head out of the door, not really any fog to talk about. of the door expect 30's and 40's in mid to upper 60s later this afternoon. looking ahead we have some big changes to talk about in the form of wet weather. before we get their let's talk about conditions now. 39 in santa rosa up 39 out the door in fairfield. a look at your afternoon highs and walking through future cast four and my next report. >> a live look at traffic headed to san francisco. we hardly had a back up at the bay bridge toll plaza, now it is stretching almost towards the end of the parking lot thanks to three separate stalls. one of the incline one that the cancer we recession in one of the span. they're all out of the way but there is heavier traffic into san francisco. give yourself extra time as you head into san francisco. the bid is as the lights are still off. no major hot spots. majo
CNBC
Dec 12, 2012 4:00pm EST
. number one, he was questioned persistently about the fiscal cliff and had to come out and say what he said before we don't have the tools to deal with it if we go over it. that was a approximate stocks started moving down and secondly, the 6.5% unemployment rate. that's got a lot of people talking down here that we may be closer to that than a lot of people think. >> bob, that's only because people are leaving the workforce. that's how we're going to get there. if everybody decides to stop looking for work and stay home and watch soap operas then we'd have an unemployment rate of zero. >> that could be a factor in their decision making, i'm sure it will be, but i'm using the numbers actually out there, 6.5%. that number may be hit a little bit sooner. >> he said he was not going to stick to that if people keep leaving the workforce. >> right, just a guidepost, not a hard target. >> stephanie or randy, you know, another market that moved today was gold. >> yeah. >> moved higher after the fed's announcement. there are those who feel as they keep the rates this low for the foreseeable fu
CSPAN
Dec 9, 2012 7:00am EST
on the fiscal cliff coming up on the sunday round table in 20 minutes. next is paris from maryland on the independent line. caller: my question is, how money -- i think we need to go back to the basic for all americans to understand how money is made. how is it created. it is a clear understanding, that is the point. what organized people to come together to do something like school, police department, all of these types of things. how is it created? what is day one? as what i am looking at, what is day one? when civilization first expands, how money was created? host: the republican address came from marco rubio who has had a higher profile the last couple of months including his acceptance of the camp award in washington. here is more from the florida senator in the republican response. [video clip] >> americans of struggling to keep middle-class jobs for two reasons. we're not creating enough of these jobs and too many people did not have the skills for the jobs that are being created. a limited government can and help solve these challenges. we must get the national debt under
MSNBC
Dec 12, 2012 2:00pm PST
because in just a couple weeks the fiscal cliff is coming to town. merry cliffmas. if the parties here cannot agree to a budget deal by january 1st, automatic spending cuts will kick in and plunge america into a second recession. and things are not looking too good. >> democrats and republicans are blaming each other for the negotiations. >> who's going to blink first? >> who's going to blink first? >> the white house is daring republicans to blink. >> obama is daring republicans literally to blink. the joke's on him because i know some republicans who have had their eyelids surgically removed. >> also what caused former indiana senate candidate richard mourdock at first the likely winner in that race to end up losing to joe donnelly? you might well point to this moment from a mourdock/donnelly debate. >> i struggled with it myself for a long time but realized life is a gift from god. even when life begins in the horrible situation of rape it is something god intended to happen. >> mourdock's popularity plummeted after that. now he's trying to pay down campaign debt. guess who's gettin
FOX News
Dec 10, 2012 10:00pm PST
-time payout of $192 million, because of higher taxes that could come as a result of the fiscal cliff. i'm ainsley earhardt. back to "on the record" with dana perino. than a dozen chrysr workers caught on-camera drinking, getting high on their lunch breaks, then returning to work on a jeep assembly line. you saw this video two years ago. eventually chrysler employees got the axe, but now they're back on the job. we broke the story originally. rob, how did they pull this one off? >> well, they went to arbitration. the arbitrator sided with the workers. so the uaw workers got their jobs back, as simple as that. >> but explain that to me, because most places, people watching across america tonight, would say, okay, if i showed up on the job, drunk or high, hung over, caught on my lunch break, doing something that might impair the people around me, or the actual work i'm doing, i would lose my job. so what do the unions have that others don't have that get them a second chance at a job like this? >> well, this is a situation where chrysler fired the workers. they were embarrassed by the vide
MSNBC
Dec 12, 2012 3:00am PST
that in just a few short weeks, the fiscal cliff is coming to town ♪ merry cliffmas. and with a dramatic name like fiscal cliff, it's got to be exciting. jim? >> the president's asking for $1.6 trillion in revenue. >> $600 billion in tax hikes. >> entitlement reform. >> dividends and capital gains. >> discretionary spending. [ cheers and applause ] >> i'm up. what happened? is it over? [ bleep ] >>> good morning. it's wednesday, december 12th. look at that shot of new york city. >> wow. >> it's dark at 6:00 on the east coast. welcome to "morning joe." with us on set here in new york city, we have msnbc contributor, mike barnicle. >> in my ear, mika. >> no, he was at the white house. >> i don't understand. where's t.j.? >> he's off today. >> why's that? >> he was busy. he went to the white house. >> that's great. you know, alex went to the white house, too. >> and drove back himself. >> let me get this straight. so alex goes to the white house last night. >> mm-hmm. >> because, you know, right-wing bloggers, we actually -- that's how we get our talking points. they go down -- valerie and david
ABC
Dec 9, 2012 8:00am PST
that fiscal cliff, we just come off a week of press conferences, symbolic votes in senate, but less than an hour of serious negotiating. what will it take to break the stalemate? we'll get into that this morning, with two big roundtables of elected officials and experts. let's begin with the lawmakers. senator tom coburn for the republicans and debbie stabenow for the democrats. and congressman hensarlingg. the president said that for there to be a big deal, tax rates on the wealthy are going to have to go up. if that's his bottom line, can there be a deal? >> again, as the speaker has said, unfortunately what we see out of the president is my way or the highway. one dollar revenue for 2.5 of spending reductions. now, after the election, it's a little bit of bait and switch. now he's asking for $1.6 trillion. and if you look closely, for every one dollar of tax increase there's about 20 cents of spending reductions. >> i'm talking about the rates. if the rates go up, can the republicans in the house accept the tax increase? >> no rep wants to vote for a rate tax increase. what that's goi
CSPAN
Dec 7, 2012 7:00am EST
is happening with the fiscal cliff. we will go to steven sloan from politico. word coming in that president obama and john boehner talked on the phone and later on wednesday. what have we learned if anything about that conversation? caller: very little has leaked out on the conversation. we're not sure how long it lasted. it is a sign that maybe even incremental progress has been made this week. host: can we glean anything from who called who identify this phone conversation? when the last time they talk before wednesday afternoon was? host: it has been about one week since they talked. we do not even know, as far as i know, who called the. they really have given us the details on the call. host: we are talking to steven sloan. what is the latest on the two sites? who seems more willing to compromise at this point? caller: we are still a in this game of chicken. both sides have made their offers. neither side appears at the moment close to making new offers or backpedaling on the offers may have made it. we still are in is still made mode right now. we will have to see whether that changes
CNBC
Dec 12, 2012 1:00pm EST
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CNBC
Dec 10, 2012 9:00am EST
the fiscal cliff, i will come after you with both barrels. if you vote tax increase. what's more -- do they want to rise above a tax increase? no. do they want to rise above fiscal cliff? no. what they want it do is not rise above the radar screen of raising taxes. and grover is more powerful than a recession. i asked him point-blank on "meet the press," college chum, look, it doesn't have to be a recession. we cut the entitlements. what are the entitlements that need cutting. and let's get medicare part b off there. what is your plan? no one is speaking about the specifics. because it's third rail. it's just plain third rail. >> medicare is the key, no doubt about it. the rising medical costs and percentage of the budget that that will continue to take up. it is the key area, when you're looking at spending cuts. >> right. and there's $4 trillion added on during the republican period. much of it for the global war on terror. no one wants to touch -- do people roll back on what you spend on global war on terror? we've got defense cuts, about there's $4 trillion, documented numbers spen
CNBC
Dec 10, 2012 12:00pm EST
stock picks coming up. one area of those fiscal cliff negotiations that is getting very little attention but could have a major ramification for you and your kids is the estate tax. we will drill down on the future of the inheritance tax. and the other side of google, the internet giant slashing bills -- stashes, i should say, billions in tax shelters to avoid paying taxes. is that fair play or is it absolutely outrageous? we'll talk about that at 1:00 p.m. eastern time. now back to scott and the fast money "halftime report." >> over the weekend johnny manziel made history as the first freshman to win the heisman trophy and with a great nickname to go along with his great story it would seem as though the sky is the limit for the kid they call johnny football. our brian shactman is live in new york city with the texas a&m qb. brian? >> they call him johnny heisman now, too. only the fifth player ever in college football to throw for more than 3,000 yards and run for at least 1,000. johnny, thanks for joining us. first of all, how you holding up? >> not bad. i'm enjoying all of this. just
CNN
Dec 12, 2012 1:00pm PST
to the united states, bill richardson. so that interview coming up later. >>> as fiscal cliff talks here in washington are showing little movement towards a deal, there's now a new report that president obama may be willing to put raising the eligibility age for medicare on the table. is that true? we will discuss more this more in our strategy. can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. welcome to chevy's year-end event. so, the 5.3-liter v8 silverado can tow up to 9,600 pounds? 315 horsepower. what's that in reindeer-power? [ laughs ] [ pencil scratches ] [ male announcer ] chevy's giving more. get the best offer of the year -- 0% apr financing for 60 months plus $1,000 holiday bonus cash. plus trade up for an additional $1,000 trade-in allowance. hurry. bonus cash ends january 2nd. humans -- sometimes life trips us up
CSPAN
Dec 6, 2012 12:00pm EST
're talking about the fiscal cliff. well, the fiscal cliff has many components. it may be broken into many different bills that come before this body. would end to get rid of the motion to proceed so we can get those bills to the floor so we can debate them. we need to make sure that if a group say, let's block in bill from the final vote, that think express their views accountably before the public. it's the least that should happen. so the senate is headed out for the weekend. we'll be back next week, and i ask for the american public to weigh in, to think about the fact that this hidden process is hurting our ability to address the biggest issues in america. i ask my colleagues to wrestle with that. and, mr. president, it is my hope that folks will hold those conversations with the public back home. i have done so in every county of my state, through my town halls. i hold one in every county every year. i have raised this issue of whether or not when folks vote for debate they should be required to debate, they should be required to make their case, not to kill bills in the dark of nigh
FOX News
Dec 10, 2012 6:00am PST
happens with the fiscal cliff. that is coming. what it will cost you. bill: hello, old man winter. he is out there and he is acoming. a major blizzard raging across the midwest bringing record levels of snow. it is de10th, right? martha: it is time. bill: so who is next? ♪ . martha: old man winter, a major storm is pounding parts of the upper midwest, unleashing record levels of snowfall. that's a lot out there. high winds, frigid air. minnesota of course very used to this kind of weather this time of year but even this is really out of the ordinary. reporter tom halden with our minneapolis affiliate ksft. he is driving, i don't know if i recommend that. there he is. he is out of the car. how bad is it out there? >> reporter: well, martha, it is really cold. we have been driving around the twin city roads this morning. we've been streaming and thought, you know what? it is 12 degrees. we have a full foot of snow on the ground. the kids are out of school, a lot of them, why not hop out of the car and let you guys know that winter finally arrived here. you know what? this is normal ki
CNBC
Dec 5, 2012 7:00pm EST
it comes to the fiscal cliff. but tim geithner just told cnbc that we're going to go over the cliff unless tax rates go up. at the same time, two dozen republican house members signed a bipartisan letter with democrats defecting from the boehner plan. in the meantime, a nice game for the day for the dow, but a stunning selloff for apple. do you know what? fiscal cliff or not, the s&p 500 is up 12% year to date. that is a handsome gain for investors, an optimistic year, believe it or not. and we already bailed out detroit's auto industry. but now, at least one motown politician is telling president obama he should bail out detroit bankrupt city government, too. this sure isn't the free market, and i asked why should a texas taxpayer bail out detroit? >>> breaking news from syria, and it is a blockbuster. the assad regime is walking and loading its chemical weapons, ready to use them on its own people. nbc's chief pentagon correspondent joins us now. jim, is this the red line president obama was warning about? >> well, not quite yet. u.s. officials tell us that the syrian military is poised
MSNBC
Dec 11, 2012 6:00am PST
and the president come to an agreement on a verdict in this so-called fiscal cliff. we know some of you don't want to deal, but the president has no public events today and not many planned for this week. many at the white house and congress believe the less that anyonecome pains publicly the better the chances are at striking some sort of fragile deal. the president was back on the road monday trying to wheel a little bit of his political capital to drive home the deal that he wants at a minimum on the fiscal cliff. >> typical middle class family of four will see an income tax hike of around $2,200 how many of you can afford to pay another $ $2,200 in taxes? not you? i didn't think so. we can solve this problem. congress needs to sign a law that would prevent a tax hike on the first $250,000 of everybody's income. everybody. >> but the president was noticeably less confrontational towards republicans. >>> i understand people have a lot of different views. i'm willing to compromise a little bit. >> can't help but wonder if that softer tone is all about the fact that it came a day after he sat down
CNBC
Dec 11, 2012 5:00pm EST
shackman, with a look at what's coming up next. hey, brian. >> melissa, the fiscal cliff, does it have a relationship to free agency in baseball? we had to go all the way to nashville, tennessee, to find out. we'll share some of the details on that one when "fast money" comes right back. let's give thanks - for an idea. a grand idea called america. the idea that if you work hard, if you have a dream, if you work with your neighbors... you can do most anything. this led to other ideas like liberty and rock 'n' roll. to free markets, free enterprise, and free refills. it put a man on the moon and a phone in your pocket. our country's gone through a lot over the centuries and a half. but this idea isn't fragile. when times get tough, it rallies us as one. every day, more people believe in the american idea and when they do, the dream comes true. we're grateful to be a part of it. music is a universal language. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. information on my phone. conne
CNBC
Dec 10, 2012 6:00pm EST
to the fiscal cliff, to the longer we delay a deal or can't do a deal at all, it's worse for all the shareholders and the investors and the stock market. yes, a deal that does nothing, it simply keeps taxes where they are right now and doesn't cut entitlements, that's what everybody wants. does matter, believe he, i mean what's going to happen if we do nothing except keep things exacthe they are now, and just vote to undo the cliff. they'll downgrade the u.s. debt. but that's it. by the way, we have already proven through nine ways of sunday that -- when our credit rating got downgraded last summer. well, bonds went up in price and down in-year-old. -- in yield. so why not do nothing? why doesn't the president say we're just going to keep bonds the way they are. and we're not going to cut entitlements because we know if we don't cut taxes, the republicans will go along with their no tax pledge and the markets will go higher and no one will care, for now. but he told us that's not going to happen, and he got re-elected. what does it matter? it doesn't raise a lot of money. why did
CNBC
Dec 11, 2012 11:00pm EST
to hang out. >> fedex is reporting record holiday package shipments. with the fiscal cliff looming, do you think that will carry their shares into the next point? >> we were going back and forth after a very frustrating day where dollar general blew up. how come fedex acts badly? maybe that wasn't such a good day yesterday for federal express and for urgent mail. but we are holding onto it for now. every stock has been tipping itself lately. you know, i like companies so much more than congressmen. it is going to be very hard for democrats and republicans to compromise. i cannot blame people for being cautious. i did get a lot of good vibes about no legislation and you know what, i learned that i think ceos are better. "mad money" will be right back. coming up, mission critical. washington holds the market hostage. cramer is turning to north dakota for the latest. holiday hustle. while registers are ringing, others are left out in the cold. tonight, an exclusive look at luxury with the ceo of saks fifth avenue. but investors cooled on the stock and sent its shares into the fryer, is this a
CNBC
Dec 11, 2012 6:00am EST
. investors waiting to see what comes out of the fiscal cliff negotiations and in europe, a choppy start to the trading day. investors are waiting for the results of greece's bond buyback program occurs. joe has some of the big corporate news and this one is actually a global corporate story. >> hsbc. we're talking about paying $1.9 billion in the money lawnering lapses. a brirchb lender admitting to a breakdown of controls, in a statement announcing a deferred payment. yesterday standard chartered agreed to pay $27 million agreeing that it violates sanctions against iran and two other international companies. >> if you're an international bank and you prael without getting into this kind of trouble? >> no. >> can you actually operate without money laundering? >> i'm just saying, if you're going to be in business in all these types of markets, isn't this going to happen? >> aren't there sxwier countries that would be probably -- that it would stead if you don't want any business tale. >> was there a fascination in this country about whether you want to indict the whole institution or wha
FOX Business
Dec 6, 2012 1:00pm EST
and in the fiscal cliff when it comes to that. ashley: certainly will. milton ms. rought at this, thanks for being with us for your perspective on the market when we see what happens in washington. thanks so much. >> thank you. tracy: he is oozing confidence in washington, isn't he? ashley: yes. dripping with sarcasm i think is more --. tracy: sham else about. i love that word. it's a shambles. there is so much more ahead this hour including a biotech ceo what is hurting innovation in the sector. you guessed it, obamacare. a corda's ron cohen is here. ashley: apple making lots of news with its stock swings. reports it is shifting production away from china back to the u.s. as we do this time every day, look how oil is trading. down nearly 2%. bun a buck 73 at 86.15 a barrel. we'd be right back there is no mass-produced human. every human being is unique. and there is one store tha. the sleep nuer store. the only place in the world you'll find the extraordinarily comfortable sleep number experience. an exclusive collection of innovations that totally individualize your sleep. perfectly comfortable
CNBC
Dec 4, 2012 11:00pm EST
't where we need to be yet when the it comes to abandoning all the hope. i think the postfiscal cliff world has -- not to matter. those people are polyannas. i think we go into a recession with lots of layoffs and the fiscal cliff was designed to compromise. the cliff was designed to scare legislators into rising above politics and compromise. everyone knew about the growth. just like in europe. means it could be, in fact, reduced dramatically. fewer jobs, larger deficit. not smaller. and the federal reserve that's throwing up its hands, can't do anything. as i said last night, it doesn't matter. we can pick our stocks and buy them down. like the fabulous names, amazon, ulta salons. buy them down in scales like i outline in the book "real money." now suggesting other groups giving you a bang for the buck. new groups betting that the hope will be squeezed out and the bottom gets put in before a deal is made -- or not. why not? we know the auto market is for 11 years now and we have been sweet on ford domestically. before sandy. where are we internationally? europe. what are some of the other
FOX News
Dec 12, 2012 8:00am PST
with these fiscal cliff negotiations? do you see that coming together, both sides? >> i hope so but there's a cliff in this country in terms of how we approach things. the president ran on a plank, very wealthy no longer should get a tax break. middle class taxpayers should continue to get a lower tax than they otherwise would. the republicans, if i might say so, simply have to listen to the election results. the president was clear. we asked can dates to be clear about their positions. the president was utterly clear that the tax rates for high income people should return to the clinton era. the people spoke. the republicans should listen. jenna: congressman, pleasure to have you on set. look forward to have you come back. talk to us about spending at the national level. >> be glad to do that. jenna: thank you for the time. jon? jon: get away from all this earthly talk of fiscal cliffs and other problems and get to dramatic new findings from space. nasa's hubble space telescope has helped astronomers discover something never seen before. we'll tell you about it coming up [ malennouncer ] it's tt t
CNN
Dec 11, 2012 2:00am PST
. >> 40 minutes past the hour. it's all quiet on capitol hill. when it comes to the looming fiscal cliff crisis that could be a good thing. in 21 days we go over that cliff and four days to get a deal done before they head to christmas break. drastic tax hikes and spending cuts loom. cnn political reporter shannon travis jones us live from washington. what are you hearing? >> well, we're hearing that the negotiations are continuing, zoraida. exactly what those negotiations contain, what's actually happening in them, we're unclear of. so we know that president obama and house speaker john boehner had that one-on-one meeting on sunday, it was their first since mid-november. discussions have continued but, again, very light on details. both sides yesterday put out statements from a public and then from the white house. very light on details. i'll read just one of them for you. quote, discussions with the white house are taking place but we have no detail to share about the substance of those conversations. the republican offer made last week remains the republican offer and we continue to w
MSNBC
Dec 6, 2012 7:00am PST
will come back to work next week hopefully to get a fiscal cliff deal. >> maybe the movie "lincoln" will inspire senators to work together. a special screening is scheduled for december 19th. senate aides said they will not screen the movie on the senate floor but somewhere else. >> michelle obama has said over and over again she never wants to run for office but a new poll shows her leading senator mark kirk in a very hypothetical matchup. the illinois republican had a stroke last year. >> tonight the entire obama family will gather around the christmas tree. it just happens to be the national christmas tree. it will take place at 5:00 eastern time. >> if you read only one thing this morning, maybe you're already thinking about your new year's resolution to get in better shape. how could you resist this headline? my must read is courtesy of prevention magazine. it's on facebook/jansingco. yep, they're real. we've got more rollbacks on toys all december. wait, was that real? [ male announcer ] this christmas, get the hottest brands and rollbacks on the season's hottest toys, like t
CNN
Dec 6, 2012 12:00am PST
is because, come the fiscal cliff moment, that if he goes over, that they are going to save the backsides of the wealthy 2% of americans. i probably shouldn't but i do. >> speaking as a reagan conservative, i must say i rather agree with you. probably shouldn't. but i do. i think divided government is very difficult. and there's some principles that speaker boehner is fighting for, with which i actually agree. but i think politically, the risk here for the gop, is they've become the party of rich people. and they give up the middle-class to the democrats. and i think you saw some of that in the presidential election. i don't think that's their intent. i think their tax reform intent is quite sound. but the way this is playing out, i think that's a big risk for them. >> they're becoming the party of rich, white, older men, is what it seems to me. you can't think of any other section of american community that right now is thinking the republican party's for me. this isn't be a good place for them to find themselves. >> i think that's why the politics of this are, you know, make it quite po
FOX Business
Dec 11, 2012 4:00pm EST
thing. thank you very much. liz: washington, still, as you know, not coming to a solution on the fiscal cliff with the clock ticking louder than ever. coming up, we are joined exclusively by the former treasury secretary paul o'kneel and how he would solve the crisis. david: big labor taking a big hit, right it work bills sent to the governor's desk who is joining us live after the break. ♪ ins. i didn't see them coming. i have obligations. cute obligatis, but obligatio. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. why let erectile dysfunction get in your way? talk to your doctor about viagra. ask if your heart is healthy enough for sex. do not take viagra if you take nitrates for che
CNBC
Dec 10, 2012 5:00pm EST
the lines of communication remain open. is the fiscal cliff end game finally approaching? joining us now is ben white, politico's chief economic correspondent. ben, maybe it's good news they didn't come out and say, we're so far apart. >> it's a good sign. any time that boehner doesn't come out and say, we're nowhere, that's good. these things are going to get done in private. both sides need to leap off a bridge here. the republicans need to some how figure out how they're going to let the top rates go up. democrats need to swallow some changes to entitlement programs, raising the retirement age or changes. the less we hear, the better, in the next few days on the negotiations. as soon as you hear leaks saying these guys are too far apart, that's the problem. if we hear nothing, that's actually pretty good. >> are we starting to see the beginning of the gop move into the center with the comments over the weekend from senator corker and this morning, letting the tax rates go higher so the shift can be, the time shift can be spent on entitlements. >> the republicans some how want democrat
CNN
Dec 6, 2012 6:00am PST
will push back on president obama's demand for tax hikes on the rich when it comes to the fiscal cliff. but treasury secretary timothy geithner says the white house will not give in. >> no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest americans. remember it's only 2%. >> geithner adds the obama administration is, quote, absolutely prepared to go off the cliff, if necessary. joining me now is van jones, cnn contributor and former obama administration official. good morning. >> god morning to you. >> so, van, i guess my first question that's eatsy for geithner to say, we're perfectly willing to go off the fiscal cliff. that means a tax hike on middle class americans and maybe some of them are thinking this morning i'm not really so happy geithner said that. >> it might have been inartful for him to say it the way he said it. i think he is making a very important point, which is that the american people did vote. they voted for the one thing the president said very clearly, which is that tax rates would go up on the wealthiest. it's an
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